Silver Intel Report
Miner Company

UAE to leave OPEC and OPEC+ oil producer groups

By Reuters April 28, 2026 Neutral
UAE to leave OPEC and OPEC+ oil producer groups
The United Arab Emirates said on Tuesday it quit OPEC and ​OPEC+, dealing a heavy blow to ‌the oil exporting groups and their de facto leader, Saudi Arabia, at a time ​when the Iran war has caused a ​historic energy shock and unsettled the ⁠global economy.
The United Arab Emirates said on Tuesday it quit OPEC and ​OPEC+, dealing a heavy blow to ‌the oil exporting groups and their de facto leader, Saudi Arabia, at a time ​when the Iran war has caused a ​historic energy shock and unsettled the ⁠global economy.